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LONDON - Inspecs Group plc, a prominent eyewear designer, manufacturer, and distributor, provided updates on changes to its board composition and the status of a previously requisitioned general meeting. The company has been actively searching for a new Independent (LON:IOG) Non-Executive Chair to replace Robin Totterman, with interviews currently in progress and an appointment expected by the end of July 2025.
Robin Totterman will resign from his role as Executive Chair at the upcoming Annual General Meeting (AGM) on June 3, with Christopher Hancock, the Senior Independent Director, taking over as Interim Chair until the new Chair is appointed. Totterman also plans to step down as a Director of the Board on December 31, 2025, to facilitate a smooth transition of responsibilities.
The search for a new Chief Financial Officer is also moving forward and is anticipated to conclude after the new Chair joins the company.
Regarding the general meeting, Downing LLP has withdrawn its requisition notice, which was initially announced on May 14, 2025. This development follows the company’s efforts to address the concerns that led to the requisition.
Robin Totterman, the founder and Executive Chair of Inspecs, expressed his unwavering commitment to the company’s long-term success and his intention to support a stable transition and improved business performance until his departure at the end of the year.
This update is based on a press release statement from Inspecs Group plc. The company continues its focus on leadership transition and corporate governance as it navigates through these changes.
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